paid salaries in journal entry
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Salaries. A / c Dr.
To Cash
To Cash
Answered by
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Salary paid
Explanation:
Books of (---- Limited)
Journal entry
Date Account Title and Explanation Debit Credit
Salary A/c Dr. xxx
To Cash / Bank A/c xxx
(Being salary paid from cash or bank)
Note: Salary paid is an expense for the company So, the salary account must be debit.
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